
Impact of Iran’s Approval to Close the Strait of Hormuz: Global Oil Market Risks and Geopolitical Consequences
Impact of Iran’s Approval to Close the Strait of Hormuz: Global Oil Market Risks and Geopolitical Consequences The closure of the Strait of Hormuz would impact 20% of the world’s oil supply. Discover the geopolitical, economic, and energy-related consequences of this potential crisis. The Strait of Hormuz, a narrow waterway connecting the Persian Gulf to…